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Investors are questioning a $4.1 billion takeover of Brighthouse Financial because of some parallels to Walter.
With election day ten weeks away, the stock market is beginning to care about the midterms. Wall Street is preparing for a range of scenarios, from the possibility of contested or delayed election results to the prospect of a divided Congress.
Adam Mosseri testified in a case brought by states that claim the Meta-owned app created addictive features to hook young users.
The United States threatened sanctions for any country or entity that engages with Iran's gold, digital assets, aviation, shipping and tech industries. Here's why that matters.
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
Utility stocks have been hit by rising Treasury yields and data-center backlash, but valuations are low and earnings growth remains strong.
The aging school bus fleet from the 2008-2012 recession and COVID-19 pandemic periods underpins BLBD's multi-year, profitable growth tailwinds. Their diversified powertrains and bus types also allow them to report robust backlog trends, with their order intake growth outpacing industry averages. The Micro Bird acquisition and Ford partnership expand BLBD's addressable markets to the commercial/RV end markets while explaining the raised long-term targets.
CoVolt Power, Inc. is a quickly growing EPC firm targeting utility-scale solar, battery storage, and high-voltage infrastructure, with a $3.6 billion backlog (up 410% YoY). KVLT's financials show strong gross and operating margin improvements, but revenue remains volatile due to project timing amid customer concentration risks. The company operates in the U.S. EPC market, benefiting from AI-driven data center demand and grid upgrades, but faces potential labor shortages and regulatory uncertainties.
The Digital Asset Market Clarity Act, which was passed with bipartisan support in the House in July 2025, is set for a procedural vote in the Senate on Sept. 15. The Clarity Act would spell out a regulatory framework for digital commodities under the purview of the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." President Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country, offering one of the clearest signals yet that the White House wants to pull a major piece of the industry's offshore market infrastructure onshore.
Over a dozen major midstream operators raised full-year EBITDA guidance or pointed to the top end of their target ranges following strong second-quarter earnings beats. Permian natural gas takeaway constraints eased earlier than expected, lifting producer volume outlooks and driving higher throughput across major pipeline systems. Global supply tightness and geopolitical tensions continued to fuel acute international demand for U.S. liquefied natural gas and natural gas liquids exports, boosting marine terminal and pipeline volumes.
Bloomberg's Isabelle Lee joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Bitcoin briefly climbed above $80,000 for the first time since mid-May, as optimism returns to the beaten-down crypto market amid a confluence of bullish signals that forced the liquidation of billions in leveraged bets.
A controversial ad from sporting giant Callaway Golf CALY-2.03% has caused a firestorm online for showing a male golfer shoving a female golfer to the ground after she attempts to use his Callaway driver — leading the company's CEO to issue a public apology on Tuesday.
Unifi Inc. is rated BUY, supported by strong product demand, improving cash flows, and a potential debt-free balance sheet by year-end. UFI's diversification into higher-margin, less volatile industrial and military end markets is expected to drive future margin expansion and earnings growth. Recent earnings showed revenue growth (+4.1% yoy), positive adjusted EBITDA, and significant profit contribution from the Brazil segment.
The benchmark Treasury yield notches its biggest decline since June.
